Federal Agricultural Mortgage Corporation (AGM) Stock Is An 52-Week High Flier

May 18, 2018 - By Adrian Mccoy

Federal Agricultural Mortgage Corporation (NYSE:AGM) Logo

Investors sentiment decreased to 1.15 in Q4 2017. Its down 0.05, from 1.2 in 2017Q3. It fall, as 7 investors sold Federal Agricultural Mortgage Corporation shares while 46 reduced holdings. 23 funds opened positions while 38 raised stakes. 6.76 million shares or 0.18% less from 6.77 million shares in 2017Q3 were reported.
800 are owned by Ny State Teachers Retirement Systems. First Advsr Lp holds 8,241 shares or 0% of its portfolio. Matarin Limited Co holds 0.63% of its portfolio in Federal Agricultural Mortgage Corporation (NYSE:AGM) for 103,084 shares. Moreover, Voya Inv Llc has 0% invested in Federal Agricultural Mortgage Corporation (NYSE:AGM) for 4,935 shares. Boston Partners has 0.01% invested in Federal Agricultural Mortgage Corporation (NYSE:AGM). Loomis Sayles And Commerce Ltd Partnership has invested 0.02% in Federal Agricultural Mortgage Corporation (NYSE:AGM). Public Employees Retirement Association Of Colorado reported 5,318 shares or 0% of all its holdings. Wedge Cap Mgmt L L P Nc has 0.01% invested in Federal Agricultural Mortgage Corporation (NYSE:AGM) for 19,000 shares. C M Bidwell Assocs holds 1,275 shares or 0.09% of its portfolio. Metropolitan Life Insur has invested 0% in Federal Agricultural Mortgage Corporation (NYSE:AGM). Advisory has invested 0.01% in Federal Agricultural Mortgage Corporation (NYSE:AGM). Adams Diversified Equity Fund invested in 0.05% or 10,700 shares. Principal Gru owns 0% invested in Federal Agricultural Mortgage Corporation (NYSE:AGM) for 6,339 shares. Sei Investments holds 140 shares or 0% of its portfolio. Schwab Charles Invest Management invested in 94,605 shares or 0.01% of the stock.

Since May 14, 2018, it had 0 buys, and 2 selling transactions for $312,218 activity. Everson Dennis A sold $87,910 worth of stock.

The stock of Federal Agricultural Mortgage Corporation (NYSE:AGM) hit a new 52-week high and has $94.32 target or 3.00 % above today’s $91.57 share price. The 5 months bullish chart indicates low risk for the $968.89M company. The 1-year high was reported on May, 18 by Barchart.com. If the $94.32 price target is reached, the company will be worth $29.07M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock decreased 0.13% or $0.1209 during the last trading session, reaching $91.5691. About 3,868 shares traded. Federal Agricultural Mortgage Corporation (NYSE:AGM) has risen 49.80% since May 18, 2017 and is uptrending. It has outperformed by 38.25% the S&P500.

Federal Agricultural Mortgage Corporation (NYSE:AGM) Ratings Coverage

Among 2 analysts covering Federal Agricultural (NYSE:AGM), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Federal Agricultural has $93.0 highest and $86.0 lowest target. $93’s average target is 1.56% above currents $91.5691 stock price. Federal Agricultural had 3 analyst reports since December 21, 2017 according to SRatingsIntel. The stock of Federal Agricultural Mortgage Corporation (NYSE:AGM) earned “Buy” rating by Sidoti on Wednesday, February 14. The firm has “Hold” rating by Keefe Bruyette & Woods given on Tuesday, March 13. The stock of Federal Agricultural Mortgage Corporation (NYSE:AGM) earned “Hold” rating by Keefe Bruyette & Woods on Thursday, December 21.

More important recent Federal Agricultural Mortgage Corporation (NYSE:AGM) news were published by: Benzinga.com which released: “26 Stocks Moving In Monday’s Pre-Market Session” on May 14, 2018, also Seekingalpha.com published article titled: “Federal Agricultural Mortgage’s (AGM) CEO Lowell Junkins on Q1 2018 Results – Earnings Call Transcript”, Globenewswire.com published: “Factors of Influence in 2018, Key Indicators and Opportunity within Veritiv, Federal Agricultural Mortgage, Community …” on May 18, 2018. More interesting news about Federal Agricultural Mortgage Corporation (NYSE:AGM) was released by: Prnewswire.com and their article: “Farmer Mac Declares Dividends and Announces Conference Call for First Quarter 2018 Results” with publication date: May 02, 2018.

Federal Agricultural Mortgage Corporation provides a secondary market for various loans made to borrowers in the United States. The company has market cap of $968.89 million. It operates through four divisions: Farm & Ranch, USDA Guarantees, Rural Utilities, and Institutional Credit. It has a 13.87 P/E ratio. The Farm & Ranch segment purchases and retains eligible mortgage loans that are secured by first liens on agricultural real estate; securitizes eligible mortgage loans, and guarantees the timely payment of principal and interest on securities representing interests in or obligations secured by pools of eligible mortgage loans; and issues long-term standby purchase commitments on designated eligible mortgage loans.

Federal Agricultural Mortgage Corporation (NYSE:AGM) Institutional Positions Chart

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